Quick Answer: How long does Remitly take to send money to India?

Express or Economy? Our Express money transfers from the United States to India are available within 4 banking hours. Economy money transfers to India take 3-5 business days, but have an even better rate.

How long does it take to receive money from Remitly?

We recommend using Express when you need to send money fast, delivery is usually within minutes when using a debit card, and Economy when you’re able to wait 3-5 business days for your funds to be delivered. Select a country to see the available delivery speeds and pricing.

Why is Remitly taking so long?

We take many factors into account when we calculate our delivery promise, but unexpected issues can come up that can cause delays, including identity verification, recipient information errors, or network outages. Edit the transfer to change the delivery method or update any incorrect recipient information.

What is the fastest way to send money to India?

Remitly is a stable, fast and secure money transfer service with very low fees.

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  3. MoneyGram is for those who need an ultra-fast, yet affordable, money transfer service.
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How can I receive money from Remitly in India?

What options do I have for getting money through Remitly?

  1. Deposit money directly to your bank account. If you’re sending money to your own account, make sure it’s the right account type.
  2. Pickup cash in-person at a nearby location.
  3. You have the option to sign up for a UPI address if your bank is a member.

Is Remitly safe and reliable?

Yes, Remitly is a trustworthy and secure money transfer provider. The company has an “Excellent” customer rating (4.5/5) on Trustpilot. … Remitly offers a 100% satisfaction or money-back guarantee. So if you’re not satisfied with the service, you will get a transfer fee refund.

How does Remitly make money?

It makes money by charging transaction fees and marking up foreign exchange rates. Fees vary widely by country, but on average, Remitly charges about 1.5% for a transfer, Forbes estimates. Western Union, which owns many brick-and-mortar locations and brought in $852 million in profit last year, charges roughly 5%.

Is Remitly open 24 hours?

We’re available 24/7 by phone in English and Spanish. If lots of customers are trying to call the Remitly contact number, you might need to wait a while to get help. To save time, try using our Help Center to find answers quickly.

How much can you send through Remitly?

Sending Limits

Tier 1 Tier 3
24 Hours $2,999 $10,000
30 Days $10,000 $30,000
180 Days $18,000 $60,000
Information needed Your full name Your residential address Your date of birth The last 4 digits of your SSN Information needed Tier 2 information if not already approved Additional information on your use of our service
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Why does Remitly ask for SSN?

If you use our service, we’ll likely ask you to verify your identity or personal information. We do this so we know you’re the only person who can send your money. … You do not need to provide your immigration status to send money.

How can I send money to India without fees?

Transfast. Like Western Union, Transfast offers a way to send money to India without fees. When you send money between U.S. and Indian bank accounts using the company’s Value+ service, fees are waived and the markup is low.

What is the fastest way to send money?

Wire transfers

A wire transfer is one of the fastest ways to transfer money electronically from one person to another through a bank or a nonbank provider such as TransferWise and Western Union. For a domestic wire transfer, you’ll need the routing number, account number and the name of the recipient.

How can I send money to someone without a bank account in India?

How to Send Money to Someone Without a Bank Account

  1. Create an E-Wallet. This is by far the cheapest option. …
  2. Send via a Money Transfer Agent. …
  3. Use Pre-Paid Card Services. …
  4. Send Money in the Post. …
  5. Draw the Money and Deliver it in Person.
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